Silver Price Retreats from 2012 Highs

Crypto

As shown on the XAG/USD chart, the price of silver climbed above $37 per ounce yesterday — a level not seen since 2012. However, this morning, the price has dropped by approximately 2.5% from yesterday’s peak. The bullish driver behind the rally has been fears that the US could become involved in a military conflict […]

Nauru Regulates Crypto with a New Dedicated Regulator

Crypto

Nauru, a micro island nation in the Pacific Ocean, has become the latest to pass legislation to regulate cryptocurrencies by forming a dedicated virtual asset regulatory authority. A Dedicated Regulator for Crypto The bill, passed by Nauru’s parliament earlier this week, establishes the Command Ridge Virtual Asset Authority (CRVAA), named after the

GBP and CHF Extend Decline Following Fed Meeting, Market Focus Shifts to Bank of England and Swiss National Bank Decisions

Crypto

The British pound and the Swiss franc remain under pressure against the US dollar following the Federal Reserve’s latest meeting, where the regulator left its key interest rate unchanged and signalled no rush to shift the course of monetary policy. Despite easing inflation, the Fed has maintained a relatively hawkish stance, citing the need for [&h

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